NEW BRITAIN, Conn. - Stanley Black & Decker (NYSE: NYSE:SWK), known for its diverse portfolio of tools and outdoor equipment, has declared a regular first quarter cash dividend of $0.81 per common share.
This announcement, made today, upholds the company's status as the industrial firm with the longest streak of consecutive annual and quarterly dividend payments on the New York Stock Exchange. The upcoming dividend is set to be distributed on March 19, 2024, to shareholders who are on record by the end of business on March 8, 2024.
The company, with headquarters in the United States, operates on a global scale, maintaining manufacturing facilities in various locations around the world. Employing over 50,000 people, Stanley Black & Decker is responsible for creating a wide range of products.
Their offerings include power tools, hand tools, storage solutions, digital tool innovations, lifestyle products, outdoor equipment, and engineered fasteners. These products are designed with the needs of makers, creators, tradespeople, and builders in mind.
Stanley Black & Decker's brand portfolio boasts some of the most recognized names in the industry, such as DEWALT®, CRAFTSMAN®, STANLEY®, BLACK+DECKER®, and CUB CADET®. The company's commitment to innovation and quality has cemented its position as a leading figure in the tools and outdoor market segment.
The declaration of this dividend reflects the company's ongoing financial health and its ability to provide consistent returns to its shareholders. This news is based on a press release statement from Stanley Black & Decker.
For more information about the company and its financials, shareholders and interested investors can reach out to the company's investor relations team.
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